San Francisco Q4 2016 Market Report

Q4 ANALYSIS

From Selma Hepp, Chief Economist Pacific Union International - 1/13/2017

Fourth-quarter home sales activity in San Francisco sustained the same momentum as recorded in previous quarters, with relatively fewer sales than last year but a better balance between buyers and sellers. Generally, the largest slowdown in homes sales occurred among properties priced below $1 million and between $2 million and $3 million. The lower-priced category continues to suffer from depleted inventory, while the slowing activity of higher-priced homes resulted from the general uncertainty in the market that began earlier in the year. 

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Posted on January 17, 2017 .